$999,000

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7 Caswell Avenue Newport, RI, United States 02840

Opportunity knocks in Newport! This classic Victorian three-family with a welcoming covered porch is just minutes to the beach, Vernon Park, and Broadway shops. Two spacious 3-bed/1-bath units and one 2-bed/1-bath unit offer excellent flexibility for contractors, long-term investors, or an owner-occupant who is building equity and income. You can live on site while making updates to the upper floors to bring top market rents. High ceilings, hardwoods, eat-in kitchens, and vintage baths with clawfoot tubs add character. Separate heat and electric with one water line keep utilities practical. All units enjoy access to the nice shaded fenced yard with patio and plantings that create a relaxing setting. At the end of the street, a path leads directly to Vernon Park with tennis and pickleball courts, as well as playing fields Bring your vision—this property delivers strong potential in a prime coastal location. Being sold As-Is.

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 1920
  • Built in 1920
  • Home size: 2,934 ft2 / 272.58 m2
  • MLS: 1395980
  • Status: Active Under Contract
Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Hogan Associates Christie's International Real Estate

(401) 680-6588

Presented by Holly McLear

  • (401) 680-6588
  • (401) 680-6588 (Office Phone)

Contact Holly McLear

Contact Agent

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